While one fund took an unexpected downturn into the red, the rest of the federal retirement funds generally posted higher returns last month or remained relatively unchanged.
President Donald Trump has weighed in on the ongoing postal reform debate with a fiscal 2018 budget proposal that would save the U.S. Postal Service $47 billion over 10 years through cuts in retirement benefits and mail delivery costs.
The U.S. Postal Service’s independent regulatory body may raise the price of a postage stamp after it finishes reviewing the current rate-setting system later this fall.
In the wake of a major cybersecurity incident last week, federal information technology officials on Wednesday said the balancing act between cyber hygiene compliance and workforce morale remains an ongoing problem.
While the ink on the deal hasn’t dried yet, more than 200,000 postal employees could see a series of pay raises down the road, now that one of the major postal unions has reached a provisional labor agreement with the U.S. Postal Service.
Agriculture Secretary Sonny Perdue told federal employees he won’t seek workforce cuts as part of the agency-by-agency government reorganization called for by President Donald Trump.
Among the hundreds of political executives that the Trump administration must nominate to fill out the ranks of federal agencies, the U.S. Postal Service is calling upon the White House to submit names for its management board.
Census Bureau Director John Thompson will step down from his role at the end of June after serving nearly four years on the job. The bureau’s next leader will take over the operations of the 2020 Census, which has already received considerable budget scrutiny from government watchdogs.
The Partnership for Public Service announced its 26 finalists for the 2017 Samuel J. Heyman Service to America Medal, which recognizes top federal employees who have stood out in their fields.
The House Oversight and Government Reform Committee scolded the Internal Revenue Service and the Department of Education on Wednesday for not sounding the alarm sooner on a major cyber incident that may have compromised sensitive financial information on more than 100,00 taxpayers who applied for federal student financial aid.
Secretary of State Rex Tillerson walked department employees through his plans to reorganize the agency on Wednesday, echoing many of the Trump administration’s talking points about its larger goal of reducing the federal workforce.
President Donald Trump announced a slew of nominees for key administration positions Friday, after the Senate confirmed a new deputy-level Cabinet official this week.
President Donald Trump’s pick to run the Central Intelligence Agency’s legal department earned bipartisan support on Wednesday after promising to address the cybersecurity concerns voiced by the intelligence community’s leadership.
Former deputy undersecretary of Defense Bill Greenwalt will serve as the Professional Services Council’s new senior advisor for research and development, the group announced Wednesday.
Federal employees who invest in the Thrift Savings Plan withdraw more than $9 billion annually from the government retirement fund, due in part to its strict rules on withdrawals. Now two senators have introduced a bill to relax those TSP restrictions.